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Chicago Atlantic BDC, Inc. Announces Merger with REFI

PRIVATENov 10, 2026

Acquiring Company

Chicago Atlantic Loan Portfolio

Acquired Company

Chicago Atlantic Real Estate Finance

ChicagoChicagoFinancial ServicesFinancial ServicesReal EstateFinanceLending

Description

Chicago Atlantic BDC, Inc. has entered into a merger agreement with REFI, unanimously approved by both companies' Boards of Directors. The merger, proposed to streamline operations and enhance shareholder value, requires stockholder approval. Relevant materials regarding the merger have been submitted to the SEC for review. The merger reflects a strategic alliance to leverage synergies and expand market reach.

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Company Information

Company

Chicago Atlantic Loan Portfolio

Location

Chicago, Illinois, United States

About

Chicago Atlantic Loan Portfolio, LLC holds a sizeable portfolio of loans, including 24 loans with an aggregate value of approximately $130 million as of January 1, 2024. The company has agreed to use reasonable best efforts to add 4 loans with an aggregate value of approximately $43 million to the portfolio prior to the closing of the Loan Portfolio Acquisition. Chicago Atlantic has also agreed to the addition of other loans to the portfolio, subject to certain conditions.

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Frequently asked

Who acquired Chicago Atlantic Real Estate Finance?

Chicago Atlantic Real Estate Finance was acquired by Chicago Atlantic Loan Portfolio, based in Chicago. The deal was reported on November 10, 2026. Chicago Atlantic Loan Portfolio, LLC holds a sizeable portfolio of loans, including 24 loans with an aggregate value of approximately $130 million as of January 1, 2024. Chicago Atlantic Loan Portfolio is privately held and operates in Financial Services.

When did Chicago Atlantic Loan Portfolio acquire Chicago Atlantic Real Estate Finance?

Chicago Atlantic Loan Portfolio's acquisition of Chicago Atlantic Real Estate Finance was reported on November 10, 2026. Chicago Atlantic BDC, Inc. has entered into a merger agreement with REFI, unanimously approved by both companies' Boards of Directors. The merger, proposed to streamline operations and enhance shareholder value, requires stockholder approval. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Chicago Atlantic Real Estate Finance do?

Chicago Atlantic Real Estate Finance, Inc. is a real estate finance company focused on providing capital solutions to operators in the cannabis industry. The company is engaged in making loans secured by real estate and other assets. It is publicly traded (REFI), operating in Financial Services, and is based in Chicago.

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